• Ghana’s oil revenues fell 56% to $370.6 million in the first half of 2025.• Crude oil production dropped 25.5%, from 3.77 million to 2.81 million barrels.• Oil prices declined from $84.08 to $75.69 per barrel, deepening fiscal strain. Ghana’s oil sector is showing signs of persistent vulnerability, with revenues plunging 56% during the first half of 2025 due to a sharp...

• Nigerian startup Upgraded Era launched Hack365 Global, a cybersecurity training program for young West Africans.• Hack365 equips trainees with technical modules, international certifications, and entrepreneurial support.• The program aims to reduce graduate unemployment and reinforce Africa’s digital independence. As technical graduates across Africa face mounting challenges securing...

• The auction is the first 25-year bond (UGX 500B), scheduled for Aug 6, aims to extend debt maturities and ease fiscal pressure.• Targets long-term investors, cuts borrowing costs vs short-term, follows Kenya's lead.• Risks are high, and yields are expected to be 18-20%. Test the market for an oil-driven growth strategy. Uganda is preparing to issue its first 25-year Treasury bond, valued...

Liberia and Sierra Leone began free roaming this week Côte d’Ivoire–Liberia agreement expected to follow Move aligns with ECOWAS goal for regional digital integration Free roaming between West African countries is being promoted by the Economic Community of West African States (ECOWAS). Ghana and Côte d'Ivoire were the first to implement it in 2023. Liberia and Sierra Leone...

Siguiri mine produced 165,000 ounces in H1 2025 Output rose 28% year-on-year; Q1 alone saw +67% Production surge driven by higher ore throughput and plant optimization The Siguiri mine in Guinea is one of the six African assets in AngloGold Ashanti's gold portfolio. It stood out in Q1 2025 with gold production up 67%, driven by an increase in the quantity of ore...

African airline traffic fell 0.3% year-on-year in June Conflict between Israel and Iran weighs on global travel Global passenger demand up 2.6% in June, less than capacity growth The armed conflict between Israel and Iran has intensified tensions in the Middle East, which were already affecting air traffic figures worldwide. This has also had an impact on African...

• President Touadéra invites UBA to open a branch to support local SMEs and startups• UBA would become the 5th CEMAC presence and the 21st in Africa if the plan moves ahead• The country’s banking sector remains small, with just four active banks President Faustin-Archange Touadéra of the Central African Republic has expressed interest in seeing United Bank for Africa (UBA) establish a...

• President John Mahama to meet African leaders on August 5 to reshape global health rules• Summit to launch new Africa-led initiatives focused on investment and local leadership• Meeting comes amid rising health threats and declining international aid Ghana is hosting a high-level summit on August 5, bringing together African heads of state, health policymakers, and global partners to...

The Global Energy Alliance for People and Planet (GEAPP) announced on August 4, 2025, the appointment of Carol Koech (Photo) as Vice President for Africa, effective August 1. Her mission is to drive the implementation of Mission 300, a continent-wide initiative aiming to connect 300 million people in Sub-Saharan Africa to electricity by 2030. With over 20 years of experience in energy access and...

• A $15.77 million program supports rural youth with training and startup aid• 65 young entrepreneurs will receive coaching and funding in four regions• The initiative addresses high job vulnerability and skills mismatch in rural areas Since mid-July, Burkina Faso has launched a new phase of its youth employment strategy in rural areas through a $15.77 million program co-financed...